Summary and book reviews of The Millionaire Next Door by Thomas Stanley

The Millionaire Next Door

The Surprising Secrets of America's Wealthy

by Thomas J. Stanley, William D. Danko, Ph.D.

The Millionaire Next Door by Thomas J. Stanley, William D. Danko, Ph.D. X
The Millionaire Next Door by Thomas J. Stanley, William D. Danko, Ph.D.
  • Critics' Opinion:

    Readers' Opinion:

  • First Published:
    Oct 1996, 258 pages
    Paperback:
    Sep 1998, 255 pages

    Genres

  • Rate this book


Buy This Book

About this Book

Book Summary

The incredible national bestseller that is changing people's lives -- and increasing their net worth!

Can You Spot The Millionaire Next Door?

  • Who are the rich in this country?
  • What do they do?
  • Where do they shop?
  • What do they drive?
  • How do they invest?
  • Where did their ancestors come from?
  • How did they get rich?
  • Can I ever become one of them?

Get the answers in The Millionaire Next Door, the never-before-told story about wealth in America. You'll be surprised at what you find out....

Chapter One:
Meet The Millionaire Next Door

These people cannot be millionaires! They don't look like millionaires, they don't dress like millionaires, they don't eat like millionaires, they don't act like millionaires -- they don't even have millionaire names. Where are the millionaires who look like millionaires?

The person who said this was a vice president of a trust department. He made these comments following a focus group interview and dinner that we hosted for ten first-generation millionaires. His view of millionaires is shared by most people who are not wealthy. They think millionaires own expensive clothes, watches, and other status artifacts. We have found this is not the case.

As a matter of fact, our trust officer friend spends significantly more for his suits than the typical American millionaire. He also wears a $5,000 watch. We know from our surveys that the majority of ...

Membership Advantages
  • Reviews
  • "Beyond the Book" articles
  • Free books to read and review (US only)
  • Find books by time period, setting & theme
  • Read-alike suggestions by book and author
  • Book club discussions
  • and much more!
  • Just $12 for 3 months or $39 for a year.
  • More about membership!

Reviews

Media Reviews

USA Today
A nerve has been hit....[For] people who want to become wealthy.

Boston Globe
A primer for amassing wealth through frugality.

The Washington Post
A remarkable book.

USA Today
A nerve has been hit....[For] people who want to become wealthy.

Forbes
The implication of The Millionaire Next Door...is that nearly anybody with a steady job can amass a tidy fortune.

The Washington Post
A remarkable book.

Forbes
The implication of The Millionaire Next Door...is that nearly anybody with a steady job can amass a tidy fortune.

Reader Reviews

Jojo

This was a paradigm shift from the "greed is good" media message. Very informative and pleasant to read. I thought it would be full of boring stats but it broke down the information so that wherever you are in your life, you could easily ...   Read More

Charles

Should be required reading for High School students. If not in school, it will be in my home.

chapa

This book changed my way of thinking about money and personal goals

Will

The guy that hatedt his book probably wants to believe that millionaires are born and not made, or that luck plays an important part in becoming wealthy, but if you want to know the truth about wealth building, this book which details a stufy of the ...   Read More

Write your own review!

Membership Advantages
  • Reviews
  • "Beyond the Book" articles
  • Free books to read and review (US only)
  • Find books by time period, setting & theme
  • Read-alike suggestions by book and author
  • Book club discussions
  • and much more!
  • Just $12 for 3 months or $39 for a year.
  • More about membership!

Readalikes

Readalikes Full readalike results are for members only

If you liked The Millionaire Next Door, try these:

Non-members are limited to two results. Become a member
Search Readalikes again
How we choose readalikes

Books with similar themes


Membership Advantages
  • Reviews
  • "Beyond the Book" articles
  • Free books to read and review (US only)
  • Find books by time period, setting & theme
  • Read-alike suggestions by book and author
  • Book club discussions
  • and much more!
  • Just $12 for 3 months or $39 for a year.
  • More about membership!

Join BookBrowse

Become a Member and discover books that entertain, engage & enlighten.

Find out more

Editor's Choice

  • Book Jacket: The Office of Historical Corrections
    The Office of Historical Corrections
    by Danielle Evans
    In The Office of Historical Corrections, the second story collection from Danielle Evans, readers ...
  • Book Jacket
    The Dutch House
    by Ann Patchett

    The Dutch House is my introduction to Ann Patchett, which, after reading it, surprises me. I had ...

  • Book Jacket: Nights When Nothing Happened
    Nights When Nothing Happened
    by Simon Han
    A quiet atmosphere of dread permeates Simon Han's subdued debut novel Nights When Nothing Happened. ...
  • Book Jacket: Take It Back
    Take It Back
    by Kia Abdullah
    In Kia Abdullah's novel Take It Back, sexual violence advisor Zara Kaleel becomes involved in a case...

Readers Recommend

  • Book Jacket

    The Fortunate Ones
    by Ed Tarkington

    An engrossing story of class, love, and loyalty for fans of Kevin Wilson's Nothing to See Here.

    Reader Reviews
  • Book Jacket

    The Prophets
    by Robert Jones Jr.

    A stunning debut novel about the forbidden union between two enslaved young men on a Deep South plantation.

    Reader Reviews
Book Club Discussion
Book Jacket
Waiting for the Night Song
by Julie Carrick Dalton
A startling and timely debut about friendships forged in childhood and ruptured by the high price of secrets.
Win This Book!
Win The House on Vesper Sands

The House on Vesper Sands by Paraic O'Donnell

Introducing a detective duo for the ages who unlock the secrets of a startling Victorian mystery.

Enter

Wordplay

Solve this clue:

T T T Light F

and be entered to win..

Books that     
entertain,
     engage

 & enlighten

Visitors can view some of BookBrowse for free. Full access is for members only.

Join Today!

Your guide toexceptional          books

BookBrowse seeks out and recommends the best in contemporary fiction and nonfiction—books that not only engage and entertain but also deepen our understanding of ourselves and the world around us.